Located on South River Road in Englewood, Florida, the Subject Property is ideally situated in an area that has accomplished consistent growth, which makes it perfect for businesses supporting that growth in need of industrial property . The surrounding area between Englewood and North Port is experiencing significant growth and development which should benefit the Subject Property. Additionally, major retailers that include Publix, Bealls are all within 3 miles of the Subject Property. Convenient access to major highways, such as, US-41, County Road 777, State Road 776 and other thoroughfare roads makes for easy travel throughout the Sarasota MSA. Englewood has experienced significant growth since the year 2000 and is expected to experience even further explosive growth with current trends showing greater than 1,000 people moving to Florida every day. In Englewood, median household incomes are up over 60% while property values have increased nearly 131% since 2000. Englewood is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property. The Subject Property is 5 Acres of vacant land located on South River Road in Sarasota County. This piece of property offers the opportunity for industrial development. Typically industrial land of this size can accommodate a structure of up to 50,000 square feet of which there is a need in the local market. Additionally, the Subject Property is located near the intersection of US-41 and State Road 776 and County Road 777 allowing for easy transportation throughout southwest Florida. The Subject Property has a zoning designation of Office, Planned Industrial Development (PID) with an underlying zoning and future land use (FLU) of Major Employment Centers (MEC). Due to its location and zoning, the Subject Property will be attractive to those looking to develop industrial space.
